NSEASI drops further, closes 0.81% lower, Tuesday


The Nigerian Bourse on Tuesday extends decline from the previous trading session as the All Share Index drops by 0.81% to close at 36,963.70 points from 37,266.86 points of Monday.

Market capitalisation declined 0.81% to close at N13.390 trillion as against previous close of 13.500 trillion, shedding about N11 billion.

Volume of traded stocks declined by 32.84% while value appreciated by 17.09% closing at 203.802 million units and N2.39 billion respectively.

Market Breadth

14 stocks closed positive against 33 that lost bringing the market breadth to a negative round off.

Percentage Gainers

Sovereign Trust Insurance Plc led other percentage gainers, closing 8% above the previous close of N0.25 to settle at N0.27.

Wema Bank, Japaul Oil and Mutual Benefit grew 7.94%, 6.45% and 5.88% respectively.

Both Dangote Sugar and Dangote Cement appreciated by 2.57% and 1.32%, closing at N17.95 and N230 respectively

Percentage Losers

Julius Berger and Capital Oil equally shed 10% of their share prices, leading the percentage losers’ chart.

GSK, PZ and Consolidated Hallmark Insurance shed 9.97%, 9.94%, 9.68% respectively.


Volume Drivers

The most actively traded stock for the day is Zenith Bank, trading about 15.4million units of its shares, valued at about N368.71 million in 293 deals.






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